The stock of YRC Worldwide Inc (NASDAQ:YRCW) is a huge mover today! About 178,803 shares traded hands. YRC Worldwide Inc (NASDAQ:YRCW) has risen 33.59% since March 15, 2016 and is uptrending. It has outperformed by 28.11% the S&P500.
The move comes after 9 months positive chart setup for the $421.05M company. It was reported on Oct, 18 by Barchart.com. We have $26.39 PT which if reached, will make NASDAQ:YRCW worth $475.79M more.
Analysts await YRC Worldwide Inc (NASDAQ:YRCW) to report earnings on November, 3. They expect $0.43 EPS, down 29.51% or $0.18 from last year’s $0.61 per share. YRCW’s profit will be $14.61M for 7.20 P/E if the $0.43 EPS becomes a reality. After $0.83 actual EPS reported by YRC Worldwide Inc for the previous quarter, Wall Street now forecasts -48.19% negative EPS growth.
YRC Worldwide Inc (NASDAQ:YRCW) Ratings Coverage
Out of 2 analysts covering YRC Worldwide Inc (NASDAQ:YRCW), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. YRC Worldwide Inc has been the topic of 5 analyst reports since July 29, 2015 according to StockzIntelligence Inc. On Wednesday, July 29 the stock rating was upgraded by Raymond James to “Strong Buy”. The firm earned “Buy” rating on Friday, October 30 by Stifel Nicolaus. The rating was maintained by Deutsche Bank on Friday, July 31 with “Buy”.
According to Zacks Investment Research, “YRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn. Collectively, YRC Worldwide companies have one of the largest, most comprehensive LTL networks in North America with local, regional, national and international capabilities.”
Insitutional Activity: The institutional sentiment decreased to 1.02 in Q2 2016. Its down 0.23, from 1.25 in 2016Q1. The ratio worsened, as 16 funds sold all YRC Worldwide Inc shares owned while 39 reduced positions. 14 funds bought stakes while 42 increased positions. They now own 25.08 million shares or 7.30% less from 27.05 million shares in 2016Q1.
Barclays Public Limited has 98,374 shares for 0% of their US portfolio. Moreover, Sei Invests has 0% invested in YRC Worldwide Inc (NASDAQ:YRCW) for 119 shares. The Montana-based Da Davidson And has invested 0% in YRC Worldwide Inc (NASDAQ:YRCW). Sphinx Trading L P owns 53 shares or 0% of their US portfolio. Boothbay Fund Mngmt Ltd Limited Liability Company holds 0.07% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 16,085 shares. Reilly Financial Limited Liability Company last reported 220 shares in the company. Blackrock Japan last reported 2,175 shares in the company. Pnc Service Grp accumulated 198 shares or 0% of the stock. Aqr Cap Management Limited Company owns 24,499 shares or 0% of their US portfolio. Moreover, Waddell Reed Fincl has 0.02% invested in YRC Worldwide Inc (NASDAQ:YRCW) for 1.34M shares. Millennium Limited Company owns 152,000 shares or 0% of their US portfolio. Moreover, Ladenburg Thalmann Fincl has 0% invested in YRC Worldwide Inc (NASDAQ:YRCW) for 1 shares. Credit Suisse Ag last reported 60,794 shares in the company. Masters Capital Management Ltd holds 0.53% of its portfolio in YRC Worldwide Inc (NASDAQ:YRCW) for 2.04M shares. Citadel Advsrs Lc owns 104,250 shares or 0% of their US portfolio.
Insider Transactions: Since August 2, 2016, the stock had 0 buys, and 8 selling transactions for $1.86 million net activity. $25,410 worth of YRC Worldwide Inc (NASDAQ:YRCW) shares were sold by Hall Justin M.. WELCH JAMES L had sold 42,346 shares worth $521,703 on Friday, August 5. $172,500 worth of YRC Worldwide Inc (NASDAQ:YRCW) was sold by O’Connor Thomas Joseph III. The insider Ware Scott D. sold $114,400. Pierson Jamie G. had sold 49,000 shares worth $552,720 on Friday, August 12. Hawkins Darren sold $219,005 worth of YRC Worldwide Inc (NASDAQ:YRCW) on Tuesday, August 2.
More notable recent YRC Worldwide Inc (NASDAQ:YRCW) news were published by: Fool.com which released: “Why YRC Worldwide Inc Shares Got Crushed” on February 05, 2016, also Fool.com with their article: “Why YRC Worldwide Inc.’s Shares Jumped 18% Today” published on July 29, 2016, Fool.com published: “Why YRC Worldwide Inc.’s Shares Rose Today” on April 29, 2016. More interesting news about YRC Worldwide Inc (NASDAQ:YRCW) were released by: Wsj.com and their article: “YRC Worldwide Profit Rises More Than Expected” published on October 29, 2015 as well as Globenewswire.com‘s news article titled: “YRC Worldwide to Webcast Analyst Day” with publication date: September 15, 2016.
YRCW Company Profile
YRC Worldwide Inc. (YRC Worldwide), incorporated on January 28, 1983, is a holding firm that, through its subsidiaries and its interest in a Chinese joint venture, JHJ International Transportation Company, Ltd., offers a range of transportation services. The Firm has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It offers supply chain solutions enabling clients to ship industrial, commercial and retail goods. The Firm operates through two divisions: YRC Freight and Regional Transportation.
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